Two scenarios might play out, a move towards the 5th wave to reach 6,000 or a bounce of the cloud to find new support and then a move towards 6,000. I am expecting the second scenario to play out due to the hard-fork potentially coming up in November.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.